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A labourer cleans a Bharti Airtel advertisement billboard installed on a truck in Kolkata

Telecom shares fall ahead of spectrum meet
Telecom shares fall ahead of crucial telecom ministry meeting on Thursday to take decision on the telecom regulator's proposal on spectrum pricing. "We see increasing regulatory risk for Indian telcos as the DOT may accept TRAI's recos on spectrum pricing," Goldman Sachs said in a note. The investment bank expects regulatory overhang to continue in the sector, it said. Downgrades Idea Cellular

Jailed hedge-fund manager Rajaratnam's VIP list included ex-Goldman Sachs director Gupta's name

A former assistant of jailed hedge-fund manager Raj Rajaratnam has said in his testimony against ex-Goldman Sachs Director Rajat Gupta, that Rajaratnam had kept a VIP list of people, which

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The numbers on the Facebook earnings revisions

Four of Facebook's major underwriters -- Morgan Stanley, Goldman Sachs, JPMorgan and Bank of America -- reduced their financial estimates for the soon-to-be-public company following the release of a

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Facebook IPO faces US regulatory probe as shares plummet 20pc in two days

American authorities have reportedly launched an investigation into Facebook's multi-billion initial public offering, as the social networking giant rounded off the worst start for a major US

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Regulators, investors turn up heat over Facebook IPO

Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan

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Did banks cross the line in Facebook research calls?

As regulators scrutinize Facebook's problem-plagued stock market debut, they may have to confront areas of securities law that do not always clearly spell out what industry analysts are allowed to

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